MMS (Master of Management Studies)

Master of Management Studies (MMS) / (MBA)

Master of Management Studies (MMS) is a two-year full-time postgraduate program of the University of Mumbai, approved by the Directorate of Technical Education (DTE), Maharashtra and All India Council for Technical Education (AICTE), New Delhi. On the successful completion of this program, the student is awarded the coveted MMS degree by the University of Mumbai. It is one of the most lucrative management course (program) one can pursue for their post-graduation.

The MMS course (program) at our business school in Bandra empowers students for professional success while instiling the skills necessary for positive contribution to the society. The pedagogy followed is a balanced mix of class interactions, group activities, projects, presentations, case studies, role plays, OJT/Field Project, seminar paper and study tours/industrial visits. As one of the best business school for Masters in Management Studies course/program in Mumbai, SRBS offers different industry-demanded specialisations, such as MMS in Finance, Marketing, HRM and Operations.

Program Educational Objective(s) of MMS - University of Mumbai

PEO1 To impart knowledge of basic and advanced concepts of Business Management by nurturing their potential to face local and global challenges in the business environment.
PEO2 To develop the perspective and potential towards teamwork and leadership using knowledge and skills for sustainable organization.
PEO3 To equip students with techno-managerial skills and exhibit behavioral competencies to progress as budding entrepreneurs and responsible citizens.
PEO4 To encourage research acumen by simulating effective decision-making skills and maintaining ethical standards and value system.

Program Outcome(s)

PO1 Apply knowledge of management theories and practices to solve business problems.
PO2 Foster analytical and critical thinking abilities for data-based decision making.
PO3 Ability to develop value-based leadership ability.
PO4 Ability to analyse and communicate global, economic, legal, and ethical aspects of business.
PO5 Ability to lead themselves and others in the attainment of organizational goals, contributing effectively to a team environment.

MMS/MBA Curriculum

Counted among the top business schools offering MMS in Mumbai, Sheila Raheja School of Business Management & Research (SRBS) believes in exposing our students to the realities and rigours of the MMS/MBA Programme even before the curriculum starts through a ‘Student Induction Program’ spanning three days.

The first semester is the foothill, where the odyssey of Master of Management Studies (MMS) course begins. It is in the first semester where the foundation of a common knowledge base essential for all management professionals is laid. The first semester consists of Ten Subjects – Mandatory (22 credits) and 2 Electives (4 credits), with a total of 26 credits.

Having cleared the foothills, students enrolled in the second semester at our MMS/MBA Institute are made to endeavour for the attainment of further skills through an integrated framework, which guides them towards their desired field through subtle introduction of relevant subjects. The second semester consists of Nine Subjects – Mandatory (22 credits) including OJT / Field Project and 2 Electives (4 credits), with a total of 26 credits.

The students will be required to pursue a summer internship in the area of their chosen specialisation after the second semester. Our MMS/MBA school actively assists students in finding such internship opportunities in reputed companies.

The third semester of Masters of Management, better known as their specialisation semester, consists of two common mandatory subjects, a summer internship project report, five specialisation subjects, and One Open Elective that can be chosen from a carefully selected pool of their specialisation subjects.

The final semester of the MMS/MBA course is made more robust and application-oriented with Two Research Mandatory Projects (8 credits) & One Seminar Mandatory Paper (2 credits) in addition to Two Mandatory Subjects (8 credits) and Two Electives (8 credits) from their specialization.

MMS/MBA Syllabus

Revised MMS Syllabus Mumbai University 2025-26 A.Y. as per NEP guidelines.

MMS/MBA Program Structure

Industry Driven Curriculum:- MMS Program Structure (as per NEP) – University of Mumbai.

MMS/MBA Program Fees

MMS Fee Structure – Academic Year 2025-2026 for OPEN Category.
Language Fees Description
English Rs. 1,58,000/-(Rupees One Lakh Fifty Eight Thousand Only) Final Fees Approved by Fees Regulating Authority vide Minutes of Meeting dated 13/06/2025.
Marathi ₹. १,५८,०००/-(एक लाख आठावन्न हजार रुपये) दिनांक १३/०६/२०२५ च्या बैठकीच्या इतिवृत्तांद्वारे शुल्क नियामक प्राधिकरणाने मंजूर केलेले अंतिम शुल्क
  1. 1. Other Fees will be applicable as prescribed by the Competent Authority.
  2. 2. Eligible Students belonging to Reserved Category/ Minority Community can avail Scholarship/Freeship benefit as provided by State/Central Government.
  3. 3. The above fees is subject to revision as per Fees Regulating Authority.

There are several government schemes for education loans in India that offer attractive interest rates, flexible repayment options, and other benefits. In addition to the leading Banks offering Education Loans, students are requested to visit and refer the following schemes of Government:

1) Vidya Lakshmi portal: https://www.vidyalakshmi.co.in/
2) PM Vidyalaxmi Scheme: https://pmvidyalaxmi.co.in and
https://www.education.gov.in/sites/upload_files/mhrd/files/document-reports/PM_Vidyalaxmi_Scheme_Guidelines.pdf

Students are advised to carefully compare the interest rates, repayment periods, and other features of various schemes before making a decision.

MMS/MBA Placements

100% Internship & Placement Support.
Highest Package: Rs. 12.6 LPA Lowest Package: Rs. 4.10 LPA
Average Package: Rs. 5.5 LPA Number of Companies Visiting: 300+

MMS/MBA program Distinguishers

Accommodation

SRBS offers accommodation assistance to all outstation students . There are spacious, beautiful and well maintained flats around the institute which can be availed as per availability.

MMS/MBA Assessment

Student Learning and Outcome Assessment Methods – Academic Year 2025-26.

MMS/MBA Eligibility

Post Graduate Degree Management (MBA/MMS) (2 Years duration)
(A) First Year Admission:-
1. Maharashtra State Candidature Candidate
The candidate:-
  • Should be a citizen of India;
  • Should have passed minimum three year Bachelor’s Degree awarded by any of the Universities recognized by University Grants Commission or Association of Indian Universities in any discipline with at least fifty percent (50%) marks in aggregate or equivalent (at least forty-five percent (45%) marks in case of candidates of Reserved categories, Economically weaker section and Persons With Disability Candidates belonging to Maharashtra State only) or its equivalent;
  • Should have obtained non zero score in the last MAH- MBA/MMS-CET conducted by the Competent Authority.
2. All India Candidature Candidates, Union Territory of Jammu and Kashmir and Union Territory of Ladakh Migrant Candidature Candidates:-
  • Should be a citizen of India;
  • Should have passed minimum three year Bachelor’s Degree awarded by the University recognized by University Grants Commission or Association of Indian Universities in any discipline with at least fifty percent (50%) marks in aggregate or equivalent (at least forty-five percent (45%) marks in case of candidates of Reserved categories, Economically Weaker Section and Persons With Disability Candidates belonging to the Maharashtra State only) or its equivalent;
  • Should have obtained non zero positive score in any one of the following examinations, namely:-
    CET conducted by the Competent Authority or Common Admission Test(CAT) conducted by Indian Institute of Management or Common Management Aptitude Test (CMAT) Conducted by National Testing Agency or Xavier Aptitude Test (XAT) conducted by Xavier School of Management Jamshedpur or Entrance Test for Management Admissions (ATMA) conducted by the Association of Indian Management Schools or Management Aptitude Test (MAT) Conducted by All India Management Association or Graduate Management Aptitude Test(GMAT) Conducted by Graduate Management Admission Council, United States of America.
3. Non Resident Indian (NRI) or Overseas Citizen of India (OCI) or Person of Indian Origin (PIO), Children of Indian workers in the Gulf countries, Foreign National Candidature Candidates:-
  • The candidate should have passed minimum three year Bachelor’s Degree awarded by the University recognized by University Grants Commission or Association of Indian Universities in any discipline with at least fifty percent (50%) marks in aggregate or its equivalent;
  • Any other eligibility criteria and requirement declared from time to time by the appropriate authority as defined under the Act.

MMS/MBA Documents Required

List of Certificates & Documents to be submitted by the Candidates admitted to the MMS Degree Programme 2025-27. Students seeking admission for MMS (Full Time) Programme are required to produce the following certificates in ORIGINAL and 5 SETS of Self-Attested Photocopies without which no Fees will be accepted and No admission will be granted.

  • Online Registration Form & Documents Verification report from FC Centre
  • Allotment Letter issued by Directorate of Technical Education (DTE)/ State CET Cell / A.R.A.
  • Final Score Card of MAH-MBA – CET/GMAT /CAT/MAT/ATMA/ XAT/CMAT
  • S.S.C. Mark Sheet & Passing Certificate.
  • H.S.C. Mark Sheet & Passing Certificate.
  • All Semesters /Yearly Mark Sheets are required
  • Last Year Graduation Mark Sheet (Issued by University)
  • Convocation Degree Certificate /Provisional Passing Certificate
  • Leaving Certificate / Transfer Certificate after Graduation from the respective College / University.
  • Nationality Proof (Passport, Domicile Certificate of Maharashtra, Leaving Certificate & Birth Certificate)
  • Pre-Online Registration form of Mumbai University
  • GAP Certificate (If applicable – Affidavit on non-judicial stamp paper of Rs. 100/-)
  • Migration Certificate (Only for other than Mumbai University Students)
  • Eligibility Certificate (Only for other than Mumbai University Students)
  • Physically handicapped Candidates – Certificate to be submitted in the prescribed format of the Competent Authority
  •  Documents related to Type of Candidature shall be as per Norms laid down by Directorate of Technical Education(DTE) / State CET Cell/ Admissions Regulatory Authority (A.R.A.)
  • For J & K Candidate: – Admission letter issued by the Competent Authority
  • Students belonging to Reserve Category are required to submit following additional documents.
    a) Caste Certificate,
    b) Caste Validity Certificate
    c) Non – Creamy Layer Certificate valid upto 31st March, 2026 (OBC / SBC / VJ / NT / DT).
    d) Income Certificate issued by Tahasildar
    e) Domicile certificate
  • Students belonging to Economically Weaker Section (EWS) are required to submit following additional documents.
    a) Eligibility Certificate for Economically weaker section
    b) Income Certificate issued by Tahasildar having validity as per Information Brochure
    c) Domicile certificate
  • Five Passport Size & Two Stamp Size Photographs
  • Anti-Ragging Affidavits to be submitted online by the candidate on www.antiragging.im link and submit the hardcopy to the institute
  • Aadhar Card (Photo Copy)
  • Academic Bank of Credits (ABC) ID
Note: Any addition / deletion will be in accordance with the directives of All India Council for Technical Education (AICTE), Directorate of Technical Education (DTE), Government of Maharashtra, University of Mumbai, State CET Cell and Admissions Regulatory Authority (A.R.A.).

MMS/MBA Admission Process

Sheila Raheja School of Business and Research (SRBS) prioritises transparency in its admission process by adhering to the guidelines set forth by the University of Mumbai, State Common Entrance Test Cell and Admissions Regulating Authority, Maharashtra and Directorate of Technical Education (DTE), Maharashtra.

By following these guidelines, SRBS demonstrates its dedication to maintaining standards and practices that are in line with broader educational authorities. This not only enhances the credibility of the admissions process but also contributes to the overall integrity of the educational institution.

The overview of the process of admission to MBA/MMS Program is as below:

MMS/MBA Application Form

Placement Policy

Objectives

  • To assist students in securing Executive and Summer Placements.
  • To up-skill and prepare students for attaining success at the selection rounds held by potential recruiters.

Purpose

This policy articulates the procedure and rules for training and placing students. Students who wish to avail of the placement assistance are expected to adhere to these rules and procedures.

Scope

The policy defines the role of the employees and students of SRBS in the Placement Department. The policy is applicable to all the students of Masters of Management Studies program.

Departmental Policy

  • The Training and Placement Officer appointed by the Institute will be responsible for training students for securing Executive Placements. The TPO along with the Departmental Staff shall also be responsible for students for securing placements.
  • The Placement Department shall form a committee comprising of the department personnel and student representatives. This shall be the Placement Committee.
  • The Placement Department will leverage its strong association with SRBS Alumni to create new possibilities for Executive Placement.
  • The Placement Committee shall endeavor to generate fresh leads from industry for both Executive and Summer Placement.
  • Regular training sessions shall be organize to prepare students for Executive Placement.
  • The Placement Department will identify future industry needs and conduct corresponding training programs to bridge the knowledge and skill gap.
  • The Placement Department will use Industry Institute Partnership to address contemporary issues and motivate them through guest lectures and seminars.
  • The Placement Committee shall meet once a month to discuss and execute plan for the placement.

Registration

  • All Bachelor of Management Studies students who are seeking employment may register for on/off campus placements.
  • Students who do not wish to avail placement assistance should mention the same and give it in writing to the Director of the Institute.
  • Campus Placement is a facility provided only for the registered students of SRBS.
  • Only interested students who register for placements will be provided placement assistance.
  • No student will be provided placement assistance after expiry of the deadline of registration.
  • If a registered student is absent for any company recruitment process, he must submit his justification to the Training & Placement Officer.
  • Disciplinary action will be initiated against students involved in any in-disciplinary activities / unethical practices at any stage of on/off Campus Placement.

Pre-Placement Talk

  • A Pre-Placement Talk (PPT) is conducted by a potential recruiter to explain the existing job profiles, expectations, service agreement. It brings clarity among students regarding CTC, job description, work timings and other details.
  • Students are also expected to read up on the Company Profile of the recruiter before attending the PPT.
  • Students interested in a particular company or job profile must attend that company’s Pre-Placement Talk.
  • Students should be present at least 15 minutes before the scheduled time of PPT, aptitude test or group discussion. Late comers will not be allowed to participate in either of the activities.

Resume

The B-School provides a template and assists them in resume writing.

Miscellaneous

  • It is mandatory for a registered student to appear for the selection process of that company. Any student who deliberately withdraws during the selection process will be debarred from any placement activity thenceforth.
  • Once a candidate is selected through campus placement, the Institute will not be held responsible if the company rescinds the offer for any reason whatsoever.
  • It is the responsibility of the student to check all the information shared by the recruiter or the Institute on the notice board or in their registered mail inbox.

Training

  • Placement related training will be provided to students by the Training & Placement Officer and Corporate Experts.
  • Students are expected to attend all the training programs.
  • If the attendance of MMS I students is less than 75% in either the internal or external training programs they will not be allowed to register for placement assistance in the subsequent year.

Important additional points

Categorization of Companies

  • Categorization of companies in various categories (S1, S2, T1, and T2) is done by Placement Committee based on various criteria (package details, job profile, number of branches, number of students, past association) with Sheila Raheja School of Business Management & Research.
  • A student procuring a job in an S1 or S2 company will not be eligible to sign any new process. All other companies in which he has already applied will be informed of his placement.
  • A student procuring a job in a T1 company will stand a chance to sign 2 more S1 Job Application Forms. Failing to secure a job in both the companies will make him/her ineligible to sign any more Job Application Forms in future.
  • A student procuring a job in a T2 company will stand a chance to sign 5 more Job Application Forms (S1, S2 or T1). Failing to secure a job in all the 5 companies will make him/her ineligible to sign any more Job Application Forms in future.
  • Any student who gets 2 jobs from Campus Placements will not be eligible to sit for any more jobs irrespective of the categories of jobs.

Off Campus Applications

  • Students who register with the Placement-Cell are strictly forbidden to apply for Off-campus recruitment till 31st May, 2026, except as defined in (2).
  • Any student who wishes to apply to a certain company before 31st March, 2026 shall contact the Placement representative of his department, who will make sure that the Company is invited officially for campus recruitments. Despite this, if for some reason, the company is unable to come for recruitment, off-campus application to that company may be permitted on the discretion of the Placement Cell.
  • Any student, who procures an Off-campus job (as stated in (2)) is required to report the same to the Placement office within one working day. He/she shall be permitted to sign Job Application Form for other companies, as per the placement policy.
  • Any student found to have applied or secured a job through off campus application without the prior consent of the Placement Cell will be debarred from taking part in any further placement process. Further, the company to which he/she has applied/secured job with would also be informed of the policy violation by the student.

Pre Placement offers

  • All pre placement offers extended to any student have to be routed through the placement cell.
  • Any student, who receives a pre-placement offer, is required to report the same to the placement office within seven working days. In case the company that has offered the PPO, does not visit the campus for recruitments, he/she shall be permitted to sign Job Application Form for other companies, as per the placement policy.
  • Any student who has already received a PPO must inform the Placement Office of the same as soon as possible.
  • All companies which take students for Summer Internships will be asked in advance about any Pre Placement Offers they have extended. The student will be given a choice to accept or reject the offer till 7 days before the start of the placement season. In cases the student accepts it; the PPO would be treated equivalent to securing a job through the Placement Cell. If the student does not accept the offer, the company would be notified (before the first day of placements) of the same. Further, the student would be allowed to sign-in JAFs and apply for companies in the regular fashion.
  • Any breach of these rules shall lead to the student getting debarred from the placement process. Any student found to have secured a pre placement offer and not informed the placement cell of the same will be debarred from the placement process and the company will be notified of the same.

Sheila Raheja School of Business Management & Research

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